to: provide that the outer regional and remote payment made under the Better Start for Children with Disability initiative is exempt from income tax; and update the list of deductible gift recipients; and

Fringe Benefits Tax Assessment Act 1986

to provide that transport costs from an employee’s residence to their employment in a remote area overseas is exempt from fringe benefits tax.

in relation to: trust beneficiaries continuing to use primary production income averaging in certain circumstances; the operation of the National Rental Affordability Scheme; and anti-avoidance rules for exempt entities used to ‘shelter’ the taxable income of a trust;

Income Tax Assessment Act 1936

,

Income Tax Assessment Act 1997

and

Income Tax (Transitional Provisions) Act 1997

to enable trust beneficiaries to continue to use farm management deposits in certain circumstances;

Income Tax Assessment Act 1936

in relation to: capital gains and franked distributions of trusts; and phasing out the dependent spouse tax offset; and

Fringe Benefits Tax Assessment Act 1986

to provide for a single statutory rate of 20 per cent to determine the taxable value of car fringe benefits. Also makes consequential amendments to the

to: reduce the gross domestic product (GDP) factor to four per cent for the 2011-12 financial year for GDP-adjusted notional tax; and provide that contributions to superannuation required by an industrial instrument or rules of a superannuation fund are excluded from reportable employer superannuation contributions;

Tax Laws Amendment (2009 Measures No. 3) Act 2009

to make consequential amendments;

Income Tax Assessment Act 1936

and

Income Tax Assessment Act 1997

to provide that minors cannot use the low income tax offset to reduce tax due on certain income; and

Income Tax Assessment Act 1997

and

Income Tax (Transitional Provisions) Act 1997

in relation to the percentage of premiums for certain total and permanent disability insurance policies that can be claimed as deductions.

to: increase the Medicare levy and Medicare levy surcharge low-income threshold amounts for individuals, families and pensioners below pension age; and increase the phase-in limits as a result of the increased threshold amounts.